Didn't I hear that computer s(t)ocks always stay up?
Seriously, I sold down at this peak to nominal holding levels. I expect I will be able to buy in at a lot lower level as the credit cycle deteriorates over the next 12-18 months. It takes that long for the bad debts (company - not individual) to come up and be dealt with (work around, restructure and write-offs). What we are seeing with building companies and some retailers (eg Godfreys and Body Shop) is only early stages.
And, yes, I was one of the mugs that bought some at $30 but bought a lot more at $16.47 during covid. I will recover my losses one day.
Westpac's $1,000,000,000 AUSTRAC Settlement?, page-541
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Last
$27.35 |
Change
0.230(0.85%) |
Mkt cap ! $94.88B | |||
| Open | High | Low | Value | Volume |
| $27.29 | $27.37 | $27.18 | $108.4M | 3.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 38675 | $27.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.36 | 6322 | 2 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |